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Chile’s central bank has cut its benchmark rate to 5.5%, from 5.75%

Banco Central de Chile rate cut

Bank says the decision was unanimoussays cut to neutral level will be faster than projectedlower risk of more medium-term inflation persistency

The Chilean central bank has a 3% inflation target

This above screenshot from the Bank is not yet reflecting today’s cut.

This article was written by Eamonn Sheridan at www.forexlive.com.

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